CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The PhonePe has received which of these licences from IRDAI to conduct insurance business?
A
Direct broking licence
B
Corporate agent licence
C
Re-insurance broker licence
D
Composite broker licence
Explanation: 

Detailed explanation-1: -PhonePe received an insurance broking license from IRDA on August 30. The company said that it can now offer a diverse portfolio of insurance products for Indian consumers.

Detailed explanation-2: -“Lord’s Mark Insurance Broking aims to get the edge by rolling out a one-of-its-kind service for its health insurance customers which will take care of the hassle of hospital transportation, paperwork, doctor consultations, claim settlement, etc, ” the release said.

Detailed explanation-3: -PhonePe gets IRDAI license to serve as direct insurance broker | Mint.

Detailed explanation-4: -Flipkart-owned digital payments platform PhonePe has received an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI).

Detailed explanation-5: -Introduction. PIBS as a registered Insurance Broker with IRDAI, provides its services to You subject to the following conditions.

There is 1 question to complete.